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Text of DOL Fact Sheet: Retirement Plans Electronic Disclosure Safe Harbor Rule
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL]
[Guidance Overview] Oct. 22, 2019 "The proposal: [1] Offers more disclosure options, which will benefit retirees, workers, and employers by enhancing communication regarding retirement savings. [2] Saves an estimated $2.4 billion net cost over the next 10 years for ERISA-covered retirement plans by eliminating materials, printing, and mailing costs associated with furnishing printed disclosures. [3] Ensures workers’ rights to make the decision on how to best access their retirement information." MORE >> |
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